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Artificial intelligence is changing the investment banking game. But banks are divided on whether to cut costs or try and win more deals
Ex-Crédit Agricole banker to be based in Paris
Édouard Sauce had been with the firm for almost a decade
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Many have heard of Frost/Nixon, a great play — and later a film — based on the real interviews David Frost did with US president Richard Nixon after his impeachment and resignation. But here's a 1987 BBC interview by David Frost with Joe Biden, before his first tilt at the presidency. -
BNP Paribas has hired Sofia Lonnqvist from Barclays to work in its debt capital markets team covering financial institutions clients.
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In this round up, China plans to expand its digital economy, local governments issue over Rmb6tr ($906bn) of bonds by October, and the National Association of Financial Market Institutional Investors announces a trial programme for cash tender offers for corporate bonds in the interbank market.
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Standard Chartered has appointed Michael Spiegel as global head of transaction banking, succeeding Lisa Robins, who is retiring from the banking industry.
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A group of the UK’s members of parliament has welcomed a model bill on responsible investing, which would encourage pension funds to accept responsibility for the impact their portfolios have on the environment and society.
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UniCredit’s CEO Jean Pierre Mustier delivered an upbeat assessment of the bank’s third quarter results on Thursday, confirming its profit and provisioning guidance for the year, though debt capital markets revenue sagged.
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